Elia Group annual results 2016


24-02-2017

Elia Group is progressing well on key investments while achieving solid results

Highlights 2016

  • Grid investments of €440 million in Belgium and €737 million in Germany to secure further the uninterrupted supply of electricity and to accommodate increasing renewable energy flows.
  • Very high system reliability (99.999%), benefiting 30 million end-users in Belgium and Germany.
  • Normalised net profit down 4.4% to €168.0 million following increased maintenance expenses in Germany (result down by 22.2%) partly compensated by a strong operational year in Belgium (up by 13.4%)
  • Dividend of €1.58 will be proposed at the General Assembly on 16 May 2017

Read the press release